NAPIER. 19th May.

Evening Post, Volume XVII, Issue 514, 20 May 1879, Page 2

NAPIER. 19th May.

A meeting of shareholders in the Hawke's Bay Insurance Company was held this afternoon, when the action of the directors in disposing of the business to the Union Company was confirmed, and a resolution passed to wind up the company under the liquidators who were appoiated. Owing to the depressed state of agricultural matters tho Hon. H. It. Russell has felt himself under the necessity of comiag to an understanding with his workmen. He called them together to-day, and told them they must either accept a reduction of 25 per cent, or he would have to reduce the number of employes. They accepted the reduction. The body of a man. name unknown, has been found in the Waipawa r ver. The body of the 6eamau " Charlie." who was drowned about a week ago in the inner harbor, was fished up to-day at about the same spot as where the boat capsized. Inspector Smlly has receivod £25 and a highly complimentary letter through Superintendent Shearman from Colonel Whitmore for his (Scully's) conduct in the capture oi M'Lennan. Constable Raymond receives £5.